Total expense jumped 12.02% year on year to Rs 1,223 crore during the quarter. Employee benefits expense was at Rs 65.7 crore (up 6.14% YoY), while other expenses stood at Rs 54.6 crore (up 21.33% YoY) during the period under review.

Vineet Agarwal, managing director of Transport Corporation of India, said, “Q4 FY2026 reflected TCI’s steady execution and disciplined operations in a dynamic business environment. Our diversified portfolio, integrated multimodal capabilities and customer-led approach continued to strengthen our market position.

TCI saw healthy traction across warehousing, multimodal movement, and sector-specific logistics solutions, with our 3PL, cold chain, and warehousing offerings serving customers across FMCG, consumer durables, renewables, e-commerce, and quick commerce. Momentum across rail, road and coastal shipping, supported by continued investments in warehouses, hubs, trucks, and railcar carriers, is strengthening our long-term capabilities, alongside our exploration of EV trucks to advance greener logistics.

Looking ahead, we remain focused on leveraging our investments in technology, multimodal infrastructure, green logistics and strategic partnerships to create enduring value for our customers, communities and shareholders.”

Transport Corporation of India (TCI) is engaged in integrated multimodal logistics and supply chain solutions, including road, rail and coastal transportation; warehousing; cold chain logistics and freight management services.